The Federal Housing Agency (FHFA) House Price Index (HPI) reported a 0.2% increase in U.S. house prices in October from […]
Wood Markets News
S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased in October
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.3% annual […]
National Lumber & Building Materials Dealers Association Applauds U.S. Funding Legislation
The National Lumber & Building Materials Dealers Association (NLBMD) said that it supports the recent legislation passed by Congress and […]
Pending Homes Sales Increase 1.2% in November
The National Association of Realtors® (NAR) has reported that pending home sales increased in November, rebounding from the month of […]
Resolute Forest Products Inc., to Acquire Conifex Timbers 3 U.S. Sawmills.
From Resolute Press Release: Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced it has entered into an agreement to […]
Martco to Invest $ 25 million to Upgrade and Modernize 2 Louisiana Facilities
Forest products company Martco, which operates under the trade name RoyOMartin has announced that they will be investing a combined […]
Mortgage Rates Inch Higher – Mortgage Applications Volume Declines
According to the Mortgage Bankers Association a small uptick in mortgage rates, the average contract interest rate for a 30-year […]
B.C. Drops Stumpage Rates, Delays Log Export Charge Increase and Wood Waste Penalties in Coastal Region
Facing a crisis in the Coastal forest products industry, the B.C. government is dropping stumpage fees on Crown land in […]
Nova Scotia Sawmills Face Uncertain Future with the Announced Closure of Northern Pulp
Nova Scotia sawmill operators, many with logs that still need to be milled, are facing an uncertain future, as the […]
Shortage of Available Buildable Lots Eases Slightly in 2019 . . . Remains a Problem
In their September 2019 survey, the National Association of Home Builders (NAHB) \ Wells Fargo Home Market Index (HMI) asked […]